Three departments: Research and approval will further expand the scope of pilot areas for opening up in the field of biotechnology and wholly foreign-owned hospitals.

The Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance have issued the "Action Plan for Utilizing Foreign Investment to Promote Stable and Quality Growth." It mentions supporting foreign investment in industries such as pharmaceuticals for high-quality development. They are working to quickly research and implement detailed rules for segmented production of drugs, facilitating overseas drug marketing authorization holders to carry out segmented production of biological products and chemical drugs across borders. They are also speeding up the research and approval process to further expand the pilot regions in the fields of biotechnology and wholly foreign-owned hospitals. Additionally, they are supporting insurance companies to include more innovative medical devices in commercial insurance coverage and continue to encourage high-quality innovative medical devices to enter the Chinese market. Furthermore, they are establishing industry collaboration platforms to facilitate the entry of drugs produced by foreign enterprises into drug retail channels.